Artem Khachatryan

$1.65B

as of 07/05/24

About Artem Khachatryan

Artem Khachatryan cofounded Russian discount retailer Fix Price in 2007 together with Sergei Lomakin.

The chain has opened more than 4,000 stores across Russia, Kazakhstan, Georgia, Belarus, Latvia, Kyrgyzstan and Uzbekistan.

Khachatryan was previously the executive director of the company, which went public in 2021.

In December 2023 Khachatryan sold his entire stake in FixPrice and resigned as a member of the board, citing family matters.

His cofounder, Lomakin, is also a billionaire.

Personal stats

Citizenship

Russian Federation

Source of wealth

Retail

Residence

Limassol, Cyprus

Birth date

01/03/75 (age 49)

Education

Master of Science, Moscow State Mining University

Self-made

self-made